MultiChoice rewards shareholders

[rpm]

MultiChoice rewards shareholders

In two years shareholders of MultiChoice's black empowerment scheme, Phuthuma Nathi, have reaped more than R300 million in dividends.

 

[Turiko]

Yes yes yes, reward the shareholders at the subscriber's expense. 'Tis the SA way. Screw the consumer for all he has

This means that Phuthuma Nathi can get an estimated windfall of R400 million if Naspers decides to pay a special dividend.

If anyone from SARS is reading this, this should be an alarm bell for you.

MultiChoice will, for the first time in its 10 years of existence

Factually incorrect! My parents got a letter from them back in 1994, when they changed their name from M-NET to "Multichoice Kaleidoscope" into the company we know today. More like 14-15 years of existence, not mentioning their existence prior to that.

 

[JK8]

Yay!! Show me the money!!

 

[dlk001]

I'd be happy with a reward of descent channels.